RITIKAGARG31

Rising wedge pattern in NZDCAD

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
The currency pair has been trading in a rising wedge pattern since past two weeks on intraday chart. Recently, the pair bounced from the lower trend line and is in the process of hitting the upper trend line of the pattern. The traders are advised to take a long position with the target of 0.8493.
Stop Loss- 0.8446

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